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what if I don't want to sell at .002? EOM.
Prof, don't have PM...
But that was a quote from JA, unfortunately.
Back on topic, go EMXC. Setting up nicely for a strong close, but we shall see.
Absolutely, all about the close. And BTW...
It's a shame Ms. Alba will never look that good again. :(
Still here Prof...
we'll see how we close.
No worries. EOM.
Two things allen...
1) I am not a shorter - I have a long position here
2) I have a life, and do earn some real money
don't be so quick to ASSume. I was simply saying that 14 support has apparently not held at this point. Hopefully we have a strong close.
so much for 14 support...
how about 12?
OK - let's see...
Have been in for a few days now. Love the chart - whenever a subpenny holds the 200 day MA with a rising MACD above the centerline and A/D like this, I am in.
What I don't like is when people try to stoke the hype machine by saying news is coming. They need to be held called out if they are BSing. I am NOT saying that's the case here, but it happens all too often in (sub)pennyville.
As far as what Rox is saying...we'll see on that too. I never buy into a (sub)penny on fundamentals/future prospects alone. The chart looks good because at present, IMO people are buying into what she is saying. If it dosesn't come to fruition, or takes too long, people will leave and the stock will drop back down.
Hoping this is the exception, but won't be hypnotized by delusions of grandeur.
Someone here posted that news was coming yesterday...
Said they spoke to IR. So what happened?
That's what I don't get...
For NITE to get off the ask, IMO the company would have to either blow away investors with some news (unlikely) or reassure them about the share structure. Maybe something as simple as no reverse split, would would give investors some confidence that it can go no lower than .0001, perhaps they would start buying heavily and NITE and the other clowns would back off.
Then, if the stock did pop, the company could raise funds at higher prices. Why Phillips wouldn't want to do this is beyond me.
Hypothetical, of course. But who knows?
slojab, just curious...
you ever have any positive to post?
From Initial Company Information...
and Disclosure Statement dated March 10, 2011:
-The Company has no anticipated stock splits, stock dividends, recapitalizations,
mergers, spin-off’s, or reorganizations.
So, if taken at their word, .0001 could be safe. We'll see.
Agreed. Pretty bad so far...
But you have to understand that they do it because they can. As long as the company or whoever is flooding the open market with shares, this will continue.
I do think that when it stops, or when the MMs feel it will stop, this will bounce.
In the meantime, I will hope my order for .0001's gets filled.
Dilution and manipulation go hand-in-hand...
My take is that as long as the MMs feel shares will be hitting the float, they will short and/or manipulate it. It will run if and when they want it to.
In the meantime, I have decided to use this as a buying opp. Got .0002's, trying to get .0001's but I think the only way that happens if we go no bid.
I agree...
There is a combination of both. I suspect the dilution opens the door for manipulation.
Time will tell if the dilution stops any time soon.
Ironic...
That's my average now. You may disagree, but i think you have to ultimately sell any big rally in a penny stock, because it will always be sold and/or diluted and/or shorted into.
What makes me wonder...
is why people time and time again buy and sell at precisely the wrong times.
I find it interesting that two weeks ago, when the stock was up 1,000% in half a month, that all you heard was BUY BUY BUY. Now, with the stock pretty much as low as it can go (barring a reverse split), there is so much doubt.
When the stocked popped over .001, I put my buy orders in at much lower levels at the time: .0004, .0003, .0002, and .0001
If it never came back, then so be it. i never chase momentum in a penny stock, unless it's for a VERY quick flip.
Dilution or not, IMO this will eventually pop. But I also think a sustained move will depend on how many future shares ultimately hit the float. Obviously.
all good points, richie...
perhaps NITE is shorting ahead of the dilution. they see the increase in outstanding shares, take their short position, and then wait for those shares to hit the market, and cover.
slimy and underhanded? a little. illegal? not sure.
what i do think is that if the company is raising funds through the sale of funds, which we as the retail investors are taking the hit on due to the decreasing PPS, then they need to keep us updated and remain transparent.
Not too sure about that...
Although I am long, and have bought at .0004, .0003, and .0002, I must stay objective. With the increase of the authorized to 10 billion, and the recent rise in the shares out, it's hard for me to believe that some portion of those shares are not hitting the open market.
Yep. That's the number...
Sorry for not posting. Didn't want to be labeled a basher.
That's not the number they gave me...
I called yesterday, the 12th. Call for yourself and see what they tell you.
Latest outstanding share count...
I checked yesterday. Curious if anyone else has done so in the last two days. I will NOT post it publicly.
Call yourself if you want to know. 718-627-4453 Madison Stock Transfer.
Trying as well...
Have had an order in to buy at .0002 for days. Already have some at .0004 and .0003
Big twenty CENT trade just went through at .0002 - you really think there is no manipulation going on?
I second that...EOM.
The Three Stooges: UBSS, NITE, CSTI...
These buffoons really are becoming a nuisance.
And the occasional fourth stooge, HDSN, can be bothersome as well.
"Lucky"? - we'll see...
Only lucky if it goes up. Otherwise, I don't think so.
My next buy order isn't until .0002 - hope it does NOT get filled.
I think this is it, one way or another...
IMO it's heading WAY north or WAY south starting today. The MM's want to bring it down, only significant and SUSTAINED buying pressure will counteract that. Dosen't matter how much buying has already been done. It's how much is GOING to be done.
I have enough in this .0005 area - now I will wait and see if it holds. If we can't hold here, I think we head back to .0001 or .0002
Agree on the MM signals...
I have seen news out soon after that 911 trade on many different occasions on many different stocks. IMO this is absolutely NOT a coincidence.
The chart does look poised for a move up, but I'll believe it when see it. MM's are being stubborn right now.
After you, sir. EOM.
No buyers, NO power hour. EOM.
Ridiculous...
In the meantime, because NOBODY is willing to man up and buy, the MM's will have their way with it.
Put up or shut up time IMO. And it sure looks quiet out there.
You guys can't take out two MM's?...
C'mon guys, give me a break. A little less cheerleading and a little more buying. I bought some .0008's this morning, but I bought some .001's a couple of days ago. If you want it to break .001's, you have to BUY .001's.
Can't sit on your hands and wait for someone else to do it IMO.
BUY THE .001's - enough already. EOM.
What's going on? NO volume for hours...
where did all the buyers/sellers go?
trading beautifully. EOM.
and down she goes again...
limping into the close, it looks like.
which is rarely a "POWER HOUR"...eom.
Believe it when I see it...
But I do hope you're right.
Not a basher...
I am a shareholder who speaks his mind.
And what I see is a bunch of message board pumpers do their thing hoping to persuade OTHERS to buy, while they sit on their wallets.
But I guess the day ain't over yet. We'll see.
You "buyers" are full of crap...
If you were buying here, the PPS wouldn't be plummeting.